ARTICLES BY THIS AUTHOR
- 11/4/2021
Block of Oak Street snags top price paid for a Chicago retail asset in five years
A block that lists Chanel, Van Cleef & Arpels, and Moncler on its retail roster has been purchased by Union Investment Real Estate for an undisclosed price. - 11/2/2021
First Look: Timothy Oulton’s New York City flagship store
Timothy Oulton, the British furniture, lighting, and décor brand known for remolding traditional designs into modern templates, has done the same with its new store in Manhattan’s Flatiron District. - 11/1/2021
American company signs agreement to help open outlet centers in India
The Outlet Resource Group, a Chicago-based company that operates eight outlet centers in the United States, is setting out to help introduce the bargain retail segment to India. - 11/1/2021
And the world’s most popular department store is…
The big red sign on the Macy’s flagship in New York’s Herald Square bills it as the biggest store in the world. Now a British party wall surveying firm has identified it as the world’s most widely searched department store. - 11/1/2021
Target to fill the empty JCP space at Brooklyn’s Kings Plaza
Anchors Aweigh: Macerich wins a top tenant upgrade at Kings Plaza. - 10/31/2021
Cinemas catch fire in October with best box office since February 2020
October was more like Christmas for America’s shut-down and embattled movie theaters. - 10/31/2021
Major mall-owner CBL exits Chapter 11
“This is a huge day for CBL,” said chief executive Stephen Lebovitz, whose company just emerged from Chapter 11. - 10/31/2021
Mall of America’s not waiting to look a lot like Christmas
Supply chain problems have retailers and center operators alike expecting an early start to the holiday shopping season, and Mall of America is rounding up its reindeer. - 10/27/2021
Placer.ai: Holiday cheer may be for real this year
Americans who are eager to be celebrating the holidays with their families in person instead of on laptop screens are likely to be shopping early and often this year, according to reports from Placer.ai. - 10/26/2021
$21.31: The average retail asking rent rose for the 3rd quarter in a row
On the retail scene, it’s not the increasing vaccination rate that tells you we’re phasing out of pandemic life, it’s the increase in rent.